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. michigan has been watching all the progression and the job goes to indiana. not to china. but to indiana. so the governor says okay, bay area do you think? 51 to 47%. michigan support this move to be a right to work state. there are 30 states headed up by the republican governors. you know what they have to do? clean up the problem for the past couple of decades to figure out how could we get jobs to stay in america. if this violence had been at a tea party do you think we would have heard the end of it? no. instead, it those be all of a sudden it's your fault or my fault. i'm to blame because if someone kills his girlfriend with a gun. i'm to blame if someone punchs somebody in the face. because of the republicans? it's not my fault people in michigan don't have jobs. >> bob: if you were with the united mine workers when they sent in guys with guns and shot these guys down there trying to execute the right to collective bargaining. long history. >> dana: collective bargaining is maintained in this bill. >> andrea: why are they fighting? there must be generous packages on the table. not
aggressive. but the last round, was china's response. they have been tougher. >> that's crucial. >> and it's still to be seen if they will move to add sanctions or tighten sanctions or whatever. but i think moving them into the crowd of the rest of the world view about where the nuclear proliferation and -- >> it's important. abby, you lived in china. china is pivotal, there in syria, with iran. everybody is looking to china for leadership. >> and let's be clear. north korea, all they really have is military power. and what keeps them afloat? china. we're talking about our relationship with china. and it's such an important one. this signifies the magnitude of importance here. china is a tough relationship. it reminds me of a game of chess. it's not a game of checkers. you have to think ten steps ahead when dealing with china. if you want to talk about human rights, you're going to have to take something else off the table. so, you have to move forward in a way that we can work with china. it's a challenge. but it's also potentially an opportunity. >> it's crucial. carol, china is pivotal
is leading the charge. i have met with what i think will be the next president of china. we have delegations from china to come here. we're sending delegations there. this is not just business as usual. we're getting detailed committees and proposals, a couple of the key states. we want good coming this way. we want good going out way. -- goods coming this way and we want goods going out that way. >> are you doing anything like that? >> we have been working on the north-south access. we have a biannual that denver works on that brings people together for cultural, business, intellectual exchange and focuses on mexico and chile and brazil. one of the great things we're missing right now, it is part of the root of this mess about it -- immigration. our partners are right there. those old movies where people -- there was the girl next door, and the hero tries to fall in love with some likely candidates. she turns out to be loyal and ticks down her hair and -- takes down her hair and glasses. that is mexico. brazil and you'll get all those countries, we have to go look at china. we have to reach
of china selected new leaders, the secretive process produced a new president, l.a. lakers fan married to a rock star. but china's foreign policies are likely to stay the same. number five, moment morsi, islamist group, became president of egypt. as his predecessor, dictator ousted by his people, went on trial from his hospital bed. morsi impressed the west by helping to broker the cease fire that ended an outbreak of warfare between hamas and israel. he then disappointed many by aawarding himself sweeping power s at home, triggering new outbursts in tahrir square. number four, israel and hamas brought fuel on the fiery west in the region. one side firing rockets. for the first time, israel felt vulnerable in jerusalem and tell aaveev. before the big guns of diplomacy helped to broker a cease fire. number three in europe, greece was the problem child that spent too much, saved nothing and threatened to take down the euro. new leadership, pay cuts, higher taxes as their weary government begs for more cash. committing to save the euro. it lives on, but for how long? >> the deadliest mont
's turn to the global economy. associated press reporting that china has surpassed the u.s. as the leading trade partner. this comes as china announces the inflation rate rose 2% one month alone. sign of an economy gaining strength. what does it mean? brenda buttner, anchor of "bulls and bears." i was reading this article where shoppers in beijing have seen the prices of vegetables double in one week alone. inflation is a problem over there. what is causing it? >> basically it's not a bad problem, it's growth. china has numbers we can only dream of, growth of about 8%, we're below 2%. their factory output was up 10%. retail sales, 15%. so it is basically growth driven not supply side driven which is the kind of inflation you want to see. it's only 2%, that is well below the target of 4% is. it came down from 6.7%. >> gregg: so it's an issue not really a problem and outweighed by the huge growth. how does the inflation american consumers if at all? >> we buy a lot from china. it may be that some of the input may be more expensive. we may have to pay more, but it's more that china is becomin
think the world will look like. it's fascinating. it shows china on the rise, the west in decline and china overtaking the united states in size of economy by the year 2030. here are the key findings of the new intel report. it's interesting reading. a majority of the world's population by 2030 will be out of poverty for the first time in world history. there will be wars over food and water and natural resores. populations will continue to rise and there will be recurring global economic crises but when you think about this, you think about how far we're going here. you've got asia, china in particular will be dominant. it will be stronger than its been anytime since middleages. there will be no more pax americana as its known. china will be a big driver and india will be growing like china is today. they talk about how the world is changing. it's like no other time since the french revolution. remember in the late 18th century, the industrial revolution, except it's happening more quickly. it's taking a tenth of the time for china and asia to rise quickly. let me read to you som
, as of right now china owns $1.15 trillion of our debt. then, number two on the list, is japan with $1.13 trillion of our debt. now, this is interesting. out of this debt number three on the list is opec. opec is an entity. that's the countries of ecuador and venezuela and india and bahrain and iran and iraq and kuwait and amman and qatar and saudi arabia and the u.a.e., algeria, ga been a, -- gabon, nigeria. they're now number three on the list and they own $267 billion of our debt. brazil comes in at number four, $250.5 billion. and then number five on the list, new to the list, the top five list, the caribbean banking centers. now own $240.4 billion of u.s. debt. by the way, caribbean banking centers are the bahamas, bermuda, cayman islands, netherlands and panama. this is who owns us. this is who owns our debt. and this is why on this side of the aisle, what we continue to say is the spending has to be dealt with. we have seen -- we've heard from everybody. we are hearing from economists all around the globe. and they repeatedly say what we are saying, what we've been saying for ye
for the group. he was promoted second-in-command earlier this year. >>> back to the economy now, china apparently going on an american spending spree. a chinese company agreed to buy a big chunk of insurance giant aig for more than $4 billion after the company got a huge bailout during the u.s. financial crisis. that is not the only bargain that china is picking up from u.s. taxpayers lately. stuart varney on this morning, head of "varney & company" on fox business network. good morning, stuart. good to see you. >> good morning, martha. martha: they're gobbling up our assets in many ways . what do you make of it. >> they are spending the money they have got buying american assets cheap. you mentioned aig. a chinese company is paying $4 billion for aig's plane leasing business. aig remember got $189 billion as a bailout fund that was back in september of 2008. the taxpayers still are the largest shareholder in aig. we sold the plane leasing business to china cheap. second item, a 123 batteries, americans taxpayers gave that company $249 million in grants and another 250 million in tax s
'm with the world journal. could you address growing chinese assertiveness in south china sea and east china sea? and given china just announced they will intercept the ship's that go into territorial waters. so are you going to participate in upcoming defense talks with chinese? and what message do you want to tell them? thank you. >> well, thank you for that question. of course the issues that are being placed today in a south china sea and other areas in the north and central, east asia, i think are quite complicated because of the nature of the territorial disputes, some of them historic, some of them now driven by the need for access to resources in those areas, and that's i think to some degree has motivated some of the activities that you see, seeing there. the u.s. position as you know is that we don't take sides on territorial disputes. there's many of those around the globe, not just in the south china sea. but we do want them resolve peacefully, without coercion. and that we call on all the parties there, including the chinese, to ensure that as they approach these problems that they
other. they discovered they were twin sisters separated from birth in china it is against the one of the girls was given up for adoption. they share mannerisms and they were married in the same year. the husband has the same first name. >> steve: and they dress alike. >> gretchen: what a fantastic story. the rest of the headlines ttook over 50 years for the murderer of a 7 year old to b brought to justice. jack mccullah will be sentenced for the murder. it is one of the oldest unsolved crimes. he was dismissed as a suspect but arrested last year after the investigation reopened. >> steve: meanwhile a 22 year old woman in oregon jumped in her car and drove off after two kids tried to rob her at gun point. the boys later to be found 7 and 11 years old. demanded money and her phone. >> i was afraid he would shoot my tires or window. i didn't think i was safe. >> brian: the boys were caught and turns out the gun was not loaded it is not known how they got the gun. they were turned over to their familis and the case is expected to go to jv court. >> brian: two students are accused of b
for its missile program in china. we know they buy things for their gas centrifuge program in china. some things are made in germany. probably made in the u.s. china has been a major gap in this whole system. on sanctions and north korea could face tougher action from china might constrict some of its ability to buy things that it absolutely needs for its nuclear programs. jon: you think it is likely american-made technology is helping north korea with its missile program? >> could be. i don't know the missile program nearly as well as the nuclear but what north korea does, it uses china a sense as a transshipment point because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been m
there is some optimism about the growth prospects, especially housing, but i also think as far as china is concerned, most people consider that the economy to have troughed and look for good things to happen. so i think there is a lot of optimism - even in europe there's a lot of optimism, but we know how that all goes when there is a lot of optimism. so, anyway, slow trading expected this week. > will there be some last- minute adjustments, or have most of those folks already gone home and closed the books for the year? > > i think for the most part anyone that really had anything to do really has done it already. that would be the capital gains tax-type selling, that sort of thing. but there's always some minor window dressing issues that could come up. so i wouldn't really pay much attention to the price action this week. what is probably more important is the first couple weeks in january. > do you have any kind of end- of-the-year strategy here, or are you just kind of going sit on your hands? > > at this point, no. just wait 'til next year and start fresh. > no plan is a good plan
for syria, the middle east crisis, communist china. the catholic church faces official who discrimination in china. the pope encourage arab spring nations, such as egypt, to adjust. for some, it was a welcome relief, or a day to rest up before big sales. >> some of us had work today, but not everyone. mother nature helped santa deliver a white christmas across much of the country, from new england to the snow-covered hills of colorado. a winter wonderland for people of all ages. and they're furry friends, too. after a last-minute shopping frenzy in malls across america -- >> i am not going over my limit. >> americans settled down for christmas. some of them this holiday in church, giving prayers' and things with their family. for americans serving in afghanistan, the christmas feast was a bittersweet reminder of life in the states, and the loved ones they left behind. >> and the opportunity to view of my family and mom -- to be with my family,, this job comes with a price. soldiers realize those prices. >> with america winding down its wars, there is a lot to look forward to. just in time
saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think this is what's going to happen. i think it's 50-50 we get a deal. no vacation. no legislation, no vacation. i think that when people get their paycheck at the end of january, they are going to be sho
chrysler to italians who are going to build jeeps in china. strangers and ignoring our friends. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. >> cenk: politico is a fact-checking organization and they've been doing something over the last couple of years "the lie of year." >> obama: took g.m. and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> cenk: oh, my god, they're moving all the jeep jobs to china. then the ceo put out a statement. i feel obliged to state our position. jeep production will not be used tofrom the united states to children. it is inaccurate to suggest anything different. they knew it wasn't true, and even after this statement mitt romney kept saying over and over again, they're going to move all the jeep jobs to china. can you believe it? so that wound up being lie of the year for political fact. they asked readers to pick out the top lies of the year. the top five. here's the first one. >> what we now have is the biggest tax increase in the history of the world. obama-care
. >> could your tax dollars has tax companies expanding. there's one problem. it's in china. >> welcome back. it is 20 minutes after the top of the hour. solar companies are expanding in china. they made 807 million in tax payer dollars. it is supplying two mega cawatt of panels in person china. sun power received nearly $540 million. 15 million in a chinese mproduc. kept a log of your private text messages. it could happen if police want their way. they passed a law requiring all carriers to keep your conversation for at least two years. patti ann? >> heather, a virginia auto zone is under fire after firing an employee who saved the store manager's life. a serial robber held a manager at gun point. he ran to his car and grabbed his legal gun ran back in and confronted the suspect. the would be robber fled. instead of being hailed as a hero he was fired for violating auto zone policy. >> they fired me because i re-entered the store with my personal weapon. they have a zero tolerance policy against employees having weapons in the store. >> so is auto zone's actions legal? we have alex felix.
's what couple of south korean analysts are telling the associated press. one speculates that china has put on pressure to stop the launch and north korea may have complied with china's demand. keep in mind china does not want to see destabilization of the reason nor does it want a tightening of sanctions or war in an already impoverished country which might lead to refugees streaming into their next door neighbor, china. >>> iran claims it decoded all of the data from a stealth cia spy drone it recovered last year, all of it. the revolutionary guard general claims the drone did not carry out missions before it went down near iran's border with afghanistan. iran claims it took control of the drone and brought it down, but it's still unclear whether iran's military actually captured it or if it simply crash landed somewhere in iranian territory. last week the iranians claims they captured another u.s. spy drone. the navy reports it's not currently missing any drones, so that would not stand to reason. >>> crowds of people saw somebody commit a murder in manhattan today, midday, on a busy
some money to fix it. >> number five, china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number two. cnn projects that barack obama will be re-elected president of the united states. >> the election. more than just about obama and romney, it was about socialism and capitalism, about spe
in one day. two reasons, the iphone slips in china, got it, but investors are taking their profit now because they don't want to pay the president's higher stock profit tax next year, big deal. the president has now drawn two lines in the sand. no to a debt ceiling, he wants a blank check and he's not backing off and yes on tax rate hikes, no compromise from the white house. wait until you hear the latest from ed asner. he voiced the teacher union cartoon where the rich urinate on the poor. who does he want to urinate on now? watch out, everybody, "varney & company" about to begin. ride . she knows the potential for makingr losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. well, having a ton of locations doesn't hurt. and a santa to ot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stss. fede
market ranked as the best performer. if we look at the charge of coming in in second place, china and brazil. why the vote of confidence considering all these concerns about the fiscal cliff? >> you're right, susie. it's interesting. it's a happy holiday season for investors. in the u.s. the stock market is going to have returned close to 13, 14%. and charter financial analysts around the world that we surveyed as you say feel petty good abou the prospects for next year. markets often do climb a wall of worry but in perspective we've had resolution of political uncertainty here in the united states. the new political leadership in china appears to be market friendly. we have avoided having southern europe slip into the mediterranean. and so also given other asset classes equities appear to be relatively attractive. >> let's talk about that, actually. because did you ask the people that you survey what are the best asset csse and stks got-- was at the top of the list. let's look at the list here, followed by precious metals, commodities, bonds and cash at the bottom of the list. te
than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>> also, the national association for business economics growth in 2013 to come in at 2.1% after growing by 2.2% in 2012. that would continue the same tepid growth that the country has seen since the recession ended back in mid 2009. >>> and the nation is mourning the horrific event of friday in newtown, connecticut. president obama spoke last night about change. >> we can't kol rate this any more. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex, and that is true. no single law, no set of laws can eliminate evil from the world or event every senseless act of violence in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on th
-party countries, the united states, south korea, japan, russia, china. china is a big player here, because they have the most influence. they have to figure out how to deal with this new leader. i mean, they've got nuclear weapons. they've got missile technology, but they're also very poor. they're also possibly their sending a trial balloon saying, we want to bargain. i don't know, because very few people have met this new leader and which direction he wants to go is still uncertain. >> so in a lot of all that, i mean, what do you recommend if you were actually advising president obama at this time to do? people don't know who he is. he, obviously, is trying to do the muscle flex here. the six-party talks have been a failure. they basically ended back in 2009. what would you recommend? >> well, i'm not privy to their deliberations. what i would recommend is, first, you do have to fulfill obligations under the security council. there was a violation of missile launching. but i think a more creative way to deal with him needs to happen, and it has to solve south korea, japan, china and us p
twin peaks after allegedly hitting four members of a family from china and then leaving the scene. one of the victims ended up dying at the hospital. eunice is expected to enter a plea in court next week. >> hoping to become a police officer, studying criminal justice. >> we are very concerned about the use of alcohol and driving and especially during the holiday season, when there's so many people who are attending parties. >> her lawyer says eunice was about to graduate from college and wanted to be a police officer. now she is in jail with bail set at $2 million. >>> 6:03. how about a check of traffic and weather. and she does it all here at kpix. >> i want to show you our new cameras. it's cool stuff. you can see this gorgeous view of the bay bridge. yeah, it is pretty much clear for the most part. we have some areas of patchy valley fog but look at that. isn't that a gorgeous shot? you can see the embarcadero in san francisco. so it is a little cool outside even though we have a nice dry break coming throughout the day today. once again no need for any umbrellas. but a jacket prob
point to someone in china. john lucas is an internet security expert and the international president of high-tech crime experts. did i get your last anytime right? >> close. megyn: thanks for the clarification. now, he's on his personal computer, but he's on government sort of property doing work for the government on his personal computer, and he's talking to people who still have all the clearances and so on, and why do we believe it was the chinese? >> well, what happens is when the fbi or anybody gets involved and started tracking this back, we're going to trace the ip addresses and the connections that gives you a connection from where the source is coming from. now, i guess they ended up in china, but that doesn't necessarily mean that it could have been someone from china. somebody could have hacked in from another country and started that attack from a chinese server inbound to the u.s. but the fbi's very, very, you know, keen on this stuff, so i'm sure the end source was china. megyn: they say that he not only is he, obviously, the former chairman of the joint chiefs, but th
was retired last year. >>> researchers in china found a way to transform human urine into brain cells. they were able to re program kidney cells harvested from urine samples into immature brain cells. they are called neutral progenitor cells. the technique could be used to treat brain attacking diseases such as alzheimers and parkinsons. the research appears in the journal nature of methods. still ahead tonight the 49ers. suspend one player for the rest of the season. garry tells you who and why straight ahead. tom brady and the patriots take apart the houston texans tonight on monday night football. coming up next. your san francisco 49ers. coming up next. your san francisco 49ers. garry has the story, next. well, inside the brewer, there's a giant staircase. and the room is filled with all these different kinds of coffee. actually, i just press this button. brew what you love, simply. keurig. your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples. that's a given. you need safeway sugar for just $1.97. and that magic thing
on an elementary school in china. first, this live look outside from san francisco you can see the paper urges overcast. the headlights on the bay bridge, ", chris, we will be back up the be- bridge and crisp bay bridge >> in central china... police have arrested a man who stabbed 22 children and one adult outside an elementary school on friday. the children are all between the ages of 6 and 11. none of them died, however two had to be sent to hospitals outside the country. no word on the condition of the adult victim, who is said to be an elderly woman. authorities have not identified a motive. there has been a string of similar assaults against schoolchildren in china. one in 20-10 killed nearly 20 kids and wounded more than 50. they have very strict gun controls in china. 8:42 we are going to check in with jan wahl. >> that is what we are going to do it is a difficult time during this tragedy. but comedy can be something that will make us feel better and give us some health and life goes on. we will talk about the kosher comedy and how much fun it is during the comedy. stay tuned. o >> i l
a prerequisite. low cost living over all. we see gasoline prices dropping by $0.08. a lot of growth china not using as much oil. that is behind the price drop. >> some taking long trips on the holidays it is easier to stop along the way. >> some have stakeouts south carolina was the lowest. i will tell them to fill up the tanks there before we go on the road. >> a lot are pulling out the stops so they can spend some money. >> also get in the mood, too. bobble bar have a physical location in new york city they have free scotch in there to try to loosen them up and purchase a few more bobbles out there. the gap banana republic giving away a fee at. you have starbucks $250 gift card membership cards there with free coffee or a month. they are pulling out all of the stops to get you there. >> you have the least satisfying careers and most satisfying careers. >> my plan.com looked at the top 300 and bottom 300 of jobs out there. let's look at the least happy person. mail clerk. i am not talking about the box office. perhaps this is motivation to get out of the mail room and move up the ladder.
to bangladesh. they used to produce a lot in china. they've decide wages are too high in china. they moved toward bangladesh which has the world's lowest minimum wage for a country that does serious manufacturing about $37 a month. and walmart sears other countries look to bangladesh because they want to produce apparel at the very lowest cost and they're worried if they invest a lot more in, say in wages or fire safety, that might force them to pay $5 a shirt rather than $4 a shirt and they worry that will make them competitive. my sense is having to talk to experts is western companies import about $18 billion worth of apparel each year from bangladesh and it might cost a billion or $2 billion to get several thousand apparel factories in shape to prevent fires, to provide fire escapes to provide good, safe stairways for people to come down. and i think the thinking is that might raise the price of apparel by 2%, 3%, which wouldn't kill us if we have to pay 50 cents more for a $20 shirt. >> jennifer: that's the iss
will improve over the next three to four years, better sales, more construction and higher prices. china now has the longest high speed rail line in the world more than 1400 miles. trains began traveling this morning. top speeds of 200 miles an hour. that's america's money, . -- >>> good morning. you are looking live from sutro cam it is raining out there, going to be in most places right now heading from san francisco into south san francisco and alameda. >>> san francisco's city officials could pay municipal workers to take better care of themselves to save on health the city is trying to come up with a plan in response to a study that phone 66% of workers were overweight or 0 -- that found 66% of workers were overweight or obese, so were their children. >>> severe storms swept part of the country yesterday triggering more than#tgñ 30 tornadoes. dreams of a white christmas came true but caused major travel headaches. wendy gillette joins us live from new york with the latest. >> reporter: good morning. there are now reports ofíÑxeo 34 tornadoes spawned by this storm system. the national
china. shows a 33 ton shark tank exploding at shanghai shopping mall. people look at the tank when the glass shattered suddenly and huge wave of world trade center comes over the onlookers. 15 people were injured. none critically. 3 lemon shark and dozens of smaller fish all died unfortunately. now shanghai officials say cold temperatures and showedy material made the acrylic sheet so brittle it just gave way. >>> well just ahead tonight. frightening new outlook for computer crime next year. why computer crime next year. why the tablet th if. >> the shift smart phones and tablet causing a shift by hackers for malicious attacks and the bad guys are exploiting some of the newest features to too. david explains what kind of attacks you should expect. >>reporter: collectively virus trojan horses and worm called malwear 55 unique ones relessed over the internet daily, 1 per second. they attack network and p c. constant fear bring down the power grid and mass transit but the new target is the mobile device payment system with a simple swipe. bad guy tap in the bank accounts. >>
their livelihoods when the factory across the street from us closes their doors in november, moving to china, taking around 170 jobs with them. >> the bain capital board has made their decision. the cdo has made his decision. -- ceo has made his decision. we believe the only person in the world who can stop these jobs from the move is mitt romney. >> in the latest sign of global warming, guys in the arctic has shrunk to its smallest area since record-keeping began. >> there are people who rely on the arctic ocean. if the ice melts, it is a scary thought. it is who we are, is where the animals migrate. my elders, the community elders rely on their vitamins, the traditional foods that the ocean supplies. >> i'm sorry, i will stop the subsidy to pbs and other things. i love big bird, i like you, too, but i'm not going to keep on spending money to borrow from china to pay for. >> labor protests against the largest private employer, walmart, is expanded to 28 stores in 12 states. organizers describe the action as the first retail workers' strike in walmart's history. >> i work in the warehouse in illinoi
? >> by the way, on that china point, wind energy relies on precious metals, rare either metals and china is the chief production of that. some analysts say we'll be more reliant as we go more and more wind power, more reliant on the chinese mining industry to get rare earth metals that we need, rare earth metals. sandra: what are we doing here? the taxpayers have got to question this. this is their hard-earned dollars at work. the vetting process by the obama administration has not been all that great when investing in these companies. >> no. we've seen 80% of companies had ties with democratic donors with obama, connections, cronyism. wind produces 2.3% of the electricity. 1.3% of the global electricity. this is something that is, this was the, energy of the future back in the 1970s, 35 years ago. and it hasn't produced. every year they extend, not every year but extend the production tax credits for the wind power and the bottom line is, the wind power, always say prosperity is just around the corner. self-reliance is just around the corner. it doesn't happen. whoo we're seeing more an
safer way when they manufacture in china and all over the place. >> no. there have been stories about the working conditions in china which is another reason i am glad these jobs are coming here. ruth ruth, you make a good point. i feel good about apple but we also have to change the tax laws so that to reward companies like apple that do bring their manufacturing here and to punish those who keep exploiting the jobs. >> this is "the bill press show." about global warming. they just want to shut it down and go home. ed is calling from frederick maryland. museum >> bill: good morning. exciting issue. from financial regulation, iran that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. [ music ] >> this is the "full-court press," "the bill press show," live on your radio and on current tv. >> bill: now 33 minutes a
it over the last 8 years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion from the first 42 presidents, number 43 ed a $4 trillion by his lonesome so we now have over $9 trillion of debt that we're going to have to pay back. $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic. >> so, unpatriotic. >> the hypocrite in chief says in 2008 that 5 from is unpatriotic but now we're up to $16.4 trillion. that's okay. by the way we move my credit card limits. he doesn't want a debt ceiling going forward. >> debt ceiling no more can congress deal when the president says we're going to raise the debt ceiling. no squabbles back and forth. >> let me get this straight. borrow $4.8 billion a day and now we're coming to the edge ever the fiscal cliff. republicans are saying hey, let's continue the bush tax cuts, let's make this fair for everyone but let's stop spending. we are spending more than we have. democrats are saying now they are saying it doesn't matter, we are not focused on the deficit any
but also offer a great opportunity. you see, what i find in africa today is that china has an increasing presence on that continent. china has a plan when it comes to the future of africa. america does not. that's why i'm going to offer as an amendment to the tag bill, which is currently pending before the senate, the american jobs through greater exports to africa act. my partners on the bill are senator chris coons, senator ben cardin, john boozman and mary landrieu, as well as support in the house from representative chris smith. at the heart of this bill is the creation of jobs in america. exporting more goods to africa will help create jobs here. every $1 billion in exports supports over 5,000 jobs. i believe we can increase exports from the united states to africa by 200% in real dollars over the next ten years, and we can't wait any longer. if there are some who say africa is so backward and so far behind, what is it in the united states they can afford to buy if they even wanted to, that is old thinking. let me give you some new reality. in the past ten years six of the world's f
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